China Baoan's market value is the price at which a share of China Baoan trades on a public exchange. It measures the collective expectations of China Baoan Group investors about its performance. China Baoan is trading at 8.40 as of the 11th of January 2025, a 2.1 percent decrease since the beginning of the trading day. The stock's open price was 8.58. With this module, you can estimate the performance of a buy and hold strategy of China Baoan Group and determine expected loss or profit from investing in China Baoan over a given investment horizon. Check out China Baoan Correlation, China Baoan Volatility and China Baoan Alpha and Beta module to complement your research on China Baoan.
Please note, there is a significant difference between China Baoan's value and its price as these two are different measures arrived at by different means. Investors typically determine if China Baoan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, China Baoan's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
China Baoan 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to China Baoan's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of China Baoan.
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure China Baoan's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess China Baoan Group upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for China Baoan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as China Baoan's standard deviation. In reality, there are many statistical measures that can use China Baoan historical prices to predict the future China Baoan's volatility.
China Baoan Group secures Sharpe Ratio (or Efficiency) of -0.0233, which signifies that the company had a -0.0233% return per unit of risk over the last 3 months. China Baoan Group exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm China Baoan's Risk Adjusted Performance of (0.03), mean deviation of 2.05, and Standard Deviation of 2.88 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.28, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning China Baoan are expected to decrease at a much lower rate. During the bear market, China Baoan is likely to outperform the market. At this point, China Baoan Group has a negative expected return of -0.0657%. Please make sure to confirm China Baoan's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if China Baoan Group performance from the past will be repeated at some point in the near future.
Auto-correlation
0.52
Modest predictability
China Baoan Group has modest predictability. Overlapping area represents the amount of predictability between China Baoan time series from 22nd of January 2023 to 17th of January 2024 and 17th of January 2024 to 11th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of China Baoan Group price movement. The serial correlation of 0.52 indicates that about 52.0% of current China Baoan price fluctuation can be explain by its past prices.
Correlation Coefficient
0.52
Spearman Rank Test
0.3
Residual Average
0.0
Price Variance
1.64
China Baoan Group lagged returns against current returns
Autocorrelation, which is China Baoan stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting China Baoan's stock expected returns. We can calculate the autocorrelation of China Baoan returns to help us make a trade decision. For example, suppose you find that China Baoan has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
Timeline
China Baoan regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If China Baoan stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if China Baoan stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in China Baoan stock over time.
Current vs Lagged Prices
Timeline
China Baoan Lagged Returns
When evaluating China Baoan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of China Baoan stock have on its future price. China Baoan autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, China Baoan autocorrelation shows the relationship between China Baoan stock current value and its past values and can show if there is a momentum factor associated with investing in China Baoan Group.
Regressed Prices
Timeline
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
China Baoan financial ratios help investors to determine whether China Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in China with respect to the benefits of owning China Baoan security.